The state has released a list of more than 30 companies they say are legally conducting loan modification businesses.

A new state law forces those companies to carry a $75,000 surety bond which is meant to protect consumers. However, those companies must still pass some educational requirements and undergo FBI background checks.

"The operators who haven't been operating properly are the ones who have been giving the rest of us bad name," said Ian Hirsch with Fortress Credit Services.

Struggling homeowners can see the list of companies that are authorized -- at this time -- to provide loan modifications.